Refer to the table above. If Beth earns 60,000 per annum, she has ...

[Jramos095]

Refer to the table above. If Beth earns 60,000 per annum, she has to pay a tax of ________.
 
  A) 9,464.50
  B) 1,600.50
  C) 1,000.50
  D) 24,000

Question 2

Increases in the quantity of money can start a ________ inflation, and an increase in government expenditure can start a ________ inflation.
 
  A) demand-pull; demand-pull
  B) demand-pull; cost-push
  C) cost-push; cost-push
  D) cost-push; demand-pull
  E) None of the above is correct because increases in the quantity of money are necessary to continue an inflation but cannot start an inflation.

[HandsomeMarc]

Answer to Question 1

A

Answer to Question 2

A

[Jramos095]

YES! Correct, THANKS for helping me on my review

[sailorcrescent]

Thanks for the timely response, appreciate it